Gold GLD due for a decline
Submitted by RipeTrade on Thu, 04/28/2011 - 01:09.
Gold looks like its ready for a decline here. There is a bearish divergence between gold stocks and the commodity , typically stocks lead the commodity. The gold stocks ala index HUI are giving us an early warning signal with a break in the uptrend line on April 11th and a series of lower highs and lower lows after the break of uptrend.
Read the full article: http://ripetrade.blogspot.com/2011/04/gold-gld-due-for-decli...

